Press release
United States Condensing Unit Market Set for Strong Growth to Reach US$ 64.01 billion by 2032 | Major Companies - BITZER Kühlmaschinenbau GmbH, Johnson Controls International plc, Heatcraft Refrigeration Products LLC, and Tecumseh Products Company LLC.
Condensing Unit Market Size
DataM Intelligence unveils its latest report on the "Condensing Unit Market Size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.
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United States: Recent Industry Developments
✅ December 2025: Major HVAC manufacturers rolled out new high-efficiency condensing units designed to cut energy use in commercial refrigeration.
✅ November 2025: Demand climbed for smart condensing systems with remote monitoring and IoT connectivity in supermarket and cold-chain applications.
✅ October 2025: Sustainability initiatives drove wider adoption of low-GWP refrigerants paired with advanced condensing unit technology.
Japan: Recent Industry Developments
✅ December 2025: Japanese producers introduced compact, noise-reduced condensing units tailored for urban installations.
✅ November 2025: OEMs focused on integrating AI-assisted diagnostics to improve performance and predictive maintenance.
✅ October 2025: New condensing unit models emphasized durability and corrosion resistance for coastal and industrial environments.
List of Top Key Player:
Emerson Electric Co., Carrier Global Corporation, Daikin Industries, Ltd., Danfoss A/S, GEA Group AG, Mitsubishi Electric Corporation, BITZER Kühlmaschinenbau GmbH, Johnson Controls International plc, Heatcraft Refrigeration Products LLC, and Tecumseh Products Company LLC.
Industry Developments:
✦ February 2025: Daikin launched its ERA series of condensing units, engineered to deliver energy-efficient climate control using the low-GWP refrigerant R-32. The new range preserves the performance advantages of R-410A while significantly reducing environmental impact.
✦ February 2024: Panasonic Europe expanded its CO2 refrigeration portfolio with the introduction of a 20HP outdoor condensing unit in the European market. Designed for supermarkets and industrial process cooling, the system supports applications such as walk-in cold rooms, freezers, low-temperature display cabinets, and blast chillers used in food retail and processing environments.
Forecast Projection:
The Global Condensing Unit Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.
Recent M&A Deals
1. Daikin Applied acquired Chilldyne in November 2025, integrating negative pressure liquid cooling with DDC Solutions' cabinets for hyperscale data center condensing systems.
2. Nidec took full ownership of Changzhou Xecom Energy Technologies (now Nidec Scroll Technology) in July 2025, expanding scroll compressor production for condensing units in AC/heat pumps.
3. Samsung Electronics acquired FläktGroup for €1.5B in May 2025, bolstering HVAC condensing solutions with focus on data center chillers and air handlers.
4. Danfoss completed its acquisition of BOCK GmbH compressors in March (announced 2022, closed 2025 impact), strengthening CO2/low-GWP condensing unit portfolios.
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Market Segmentation
By Type: Air-cooled, Water-cooled, Evaporative
By Application: Commercial, Industrial, Transportation
Global Growth Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Condensing Unit Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.
Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.
Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.
Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.
Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.
Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.
Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.
Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.
Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.
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Key Product Launches
✦ Embraco partnered with FIR to launch Bioma+ condensing unit in July 2025, featuring advanced efficiency for sustainable refrigeration.
✦ Panasonic opened a European condensing business unit in June 2025, introducing R290-compatible units for residential/commercial markets.
✦ Market trends highlight inverter-driven, AI-optimized units achieving 20-30% energy savings amid $46B+ global valuation.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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